Washington Post Propagandizes for Trade Agreements

Saturday, 02 October 2010 07:24

The Washington Post is a huge fan of protectionism. That is what readers can conclude from the fact that it conceals the protectionist aspects of trade deals like the trade agreement between the United States and South Korea. Provisions increasing protection for U.S. patents and copyrights are an important part of this trade agreement. However, the Post has devoted almost no space to mentioning these provisions, which will raise costs for Korean consumers and slow growth there.

Not to worry. The ruling class is coming around to Baker's thinking on property rights. Already, lenders of house loans in the USA have decided that they no longer need government granted monopoly protectionism of title to the property serving as the basis of the loan to proceed with foreclosure.

By ridding trade with South Korea of this anti-competitive protectionism, it will be possible to have truly free trade that allows multinationals to foreclose at will on any property secured under prior contract, promise or other obligation otherwise enforceable by law of persons who are not corporations.